China companies pour resources into research as global economy cracks

//China companies pour resources into research as global economy cracks

China companies pour resources into research as global economy cracks

As the US-China trade war transforms into a technology conflict, Chinese firms are increasingly seeking to develop new products and reduce their country’s reliance on a global supply chain which appears to be splitting into smaller, regional entities.In Shenzhen, in the southern Chinese province of Guangdong, one such company is combing through the lists of products currently subject to US tariffs in search of suitable targets for development and research.Shenzhen SunXing Light Alloys Materials…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-07-25T15:00:09+00:00 July 25th, 2019|Headlines|Comments Off on China companies pour resources into research as global economy cracks